Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...
As evident from the chart, the pair is in a strong downtrend. Suppose the price reverses from the 1.105 level and hits the 1.1135 level. There is a strong chance that it will continue the downtrend; wait for it to again fall to 1.105 level, then it can be sold, using 1.1135 as STOP LOSS.
hi guys , we see Nifty 1day chart its cleraly shows it makes Higher low , higher low pattern so we see it takes suport on 16800 , will be see big consolidation mode and . Are u aggree so just like or dislike ? comment your doubt so we provvide your stock and ideas also .
Nifty View: In today's trading session, banking stocks were the culprit as the Nifty index lost close to 50 points to post a close at 17,266. The underlying trend of the Nifty is still very much down, and after today's negative close, it has confirmed a lower high and lower low on the daily timeframe - this means that the probability of the downside is marginally...
hi guys , we see nifty current trade 16877 level but incase it selling pressure goes high it break 16500 and goes to 16377 crucial level , Dont worry due to bad news this large fall we see .
Nifty View: Significant fall for the Indian equity markets in today's session, the benchmark Nifty index loses more than 500 points to post a close at 16,809. The short-term trend of the index is now down again, and considering the momentum with which the index corrected today, it is very likely that the selling will extend further this week. Today's close across...
Nifty View: Benchmark Nifty index managed a healthy bounce back in today's trading session. At a close of 17,273 the index managed a marginal positive gain of just 54 points but what was more encouraging was a healthy bounce back from the intraday low of 17,048. At this low, the index is teasing the psychological level of 17,000, a break below which can bring in...
Nifty View: The benchmark Nifty index loses more than 300 points in today's trade. With this fall, the index goes back to an underlying downtrend which increases the probability of further downsides. But considering the fact that the intraday charts are stretched on the downside, we should not discount a short-term bounce back before any kind of further weakness....
It is a properly trending market and interesting as an option seller like me has to put so much work into it, not to make money but to protect the capital. That is what option sellers do. Looking at the chart, the Nifty now at a discounted price exactly took support at 17650. It is a major level because 50 EMA is there and a fib line. Let's see how it is going to...
I believe based on the volume of buying pressure on this higher time frame chart that the Dow will make a significant pull back near the 27000-25000 area. I also believe we will also see a significant rally across many cryptos. If i’m wrong then I would look for the market to push volume past the 36000 area and stay above it for at least a month.
New Lower High Set-up on daily chart and a long consolidation on the 1 hr chart
- Downtrend Chart Top - Bull Reversal - Breakout Level
IRCTC is making a move and has already formed a H&S in the past, currently it is saturating within triangle. On Friday (23/12) it has formed an evening triangle which can move the price downwards. FSP
Prince Pipes is showing a bit weakness, not only in stock but also as per pattern it might go down for a while and recover. although it will take time anything might happen, best to invest only a strong uptrend is observerd.
TATA STEEL as per daily chart analysis has a very good support at 1042 level for its reversal and all again depends on the FII and DII. if indecisiveness will prevail in large in this december 2021 due to OMICRON or US FED then it might fall further too. Good to buy this stock at a lower price so lets see where its correction begins.
Trade based. Day down trend continuation. Hr tf continue the down trend.
Analysis based tech parameters(No Noise) Anticipating OMICRON EFFECT will be strong and primarily it will create a pause on the bull run. Analysis only for educational purpose....
Unusual pullback after a long term downtrend in stock indicating weakness in present trend. Momentum of counter trend pullback is stronger than usual with MACD making fresh high since the last 9 months period. Price is also trading in a Channel right now and bounce from lower levels is visible here. A long trade can be made here with strict "stoploss" of 678 or...